As chaos envelops Venezuela, Caracas spends millions on lobbyists in Washington

miami heraldVenezuela’s currency is essentially worthless. Its people are starving. Rampant inflation has rendered the bolívar less useful than toilet paper.

And since President Donald Trump’s election, the Venezuelan government has spent at least $1.3 million on Washington lobbyists through its subsidiary Citgo, a Houston-based oil company.

Three Washington-based firms currently represent Venezuela in Washington, pushing Capitol Hill, the White House and Cabinet agencies on issues like “fuel refining” and the “potential impact of U.S. energy policies on CITGO’s operation impacting U.S. consumers,” according to Senate lobbying records.

Caracas sees its investment in lobbyists as a way to fight possible sweeping sanctions targeting Venezuelan oil. Pushed by lawmakers like Florida Sen. Marco Rubio, the White House said last week that “all options are on the table” and promised “strong and swift economic actions” ahead of a vote on July 30 that could alter the country’s constitution in favor of Venezuela’s President Nicolás Maduro. …

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During the last several decades, the United States has invested billions of dollars in trying to help the governments of Latin America and the Caribbean deliver better lives for their citizens. This has meant helping them increase internal security by combating the illicit growing and trafficking in narcotics and the activities of terrorist groups, as well as helping them to shore up their democratic and free market institutions.

Unfortunately, in recent years, continued progress in these areas has been threatened, not least by the elections of radical populist governments in Venezuela, Bolivia, and Ecuador. These governments have instituted retrograde agendas that include the propagation of class warfare, state domination of the economy, assaults on private property, anti-Americanism, support for such international pariahs as Iran, and lackluster support for regional counter-terrorism and counter-narcotics initiatives.

We are a group of concerned policy experts that fear the results of these destructive agendas for individual freedom, prosperity, and the well-being of the peoples of the region. Our goal is to inform American policymakers and American and international public opinion of the dangers of these radical populist regimes to inter-American security.